Friday 8 November 1661

This morning up early, and to my Lord Chancellor’s with a letter to him from my Lord, and did speak with him; and he did ask me whether I was son to Mr. Talbot Pepys or no (with whom he was once acquainted in the Court of Requests), and spoke to me with great respect. Thence to Westminster Hall (it being Term time) and there met with Commissioner Pett, and so at noon he and I by appointment to the Sun in New Fish Street, where Sir J. Minnes, Sir W. Batten, and we all were to dine, at an invitation of Captain Stoaks and Captain Clerk, and were very merry, and by discourse I found Sir J. Minnes a fine gentleman and a very good scholler.

After dinner to the Wardrobe, and thence to Dr. Williams, who went with me (the first time that he has been abroad a great while) to the Six Clerks Office to find me a clerk there able to advise me in my business with Tom Trice, and after I had heard them talk, and had given me some comfort, I went to my brother Tom’s, and took him with me to my coz. Turner at the Temple, and had his opinion that I should not pay more than the principal 200l, with which I was much pleased, and so home.

7 Annotations

Robert Gertz   Link to this

First...Dammit, Sam. How the hell is Bess?

I notice Sam seems to be spending more time with brother Tom these days...Instructing and encouraging his shy and awkward brother in business and the ways of the world or does he rely more on him than we realize from the entries to date?

RexLeo   Link to this

"...I should not pay more than the principal 200l., with which I was much pleased, and so home."

I suppose this is the settlement of account against all claims of his aunt and coz. Is he happy that he does not have to pay interest on that amount since it was promised at the time of marriage to his aunt by his uncle? Any idea on the prevalent interest rate at that time was?

dirk   Link to this

interest rate

http://www.efficientfrontier.com/t4poi/Ch1.htm
Figure 1.2 indicates British interest rates around 8% and falling in the mid 1600's.

A very interesting article by the way - for those who are somewhat familiar with this kind of stuff. Copyright 2002.

Pedro.   Link to this

spending more time with brother Tom these days.

Is Sam more interested, at the moment, as he is looking for prospective marriage candidates for his brother?

Mary   Link to this

Tom's marriage prospects.

Though not looking good at present, may be helped, even if by only a little, by a successful outcome to the negotiations around Uncle Robert's will. On the other hand, perhaps Tom has been setting too much store by the thought of family inheritance and Sam needs to show him that the considerable sum of £200 will still need to be paid to the widow, even if the interest is not exacted.

David Cooper   Link to this

"he and I by appointment to the Sun in New Fish Street, where Sir J. Minnes, Sir W. Batten, and we all were to dine, at an invitation of Captain Stoaks and Captain Clerk" How did Sam make all these arrangements? No e-mail or telephone. Does he have a secretary and a messenger service? I recall reading somewhere that the seventeenth century saw the emergence of good business systems. Accounting practices were described in Italy in the Renaissance. But how exactly did it work in detail?

Mary   Link to this

How did Sam make all these arrangements?

Sam, like other men, had a footboy (Wayneman) to run messages and also a clerk (Will) to take care of many arangements for him. Women could send their maids on similar errands and boys could also be hired on an ad hoc basis (at inns, for example)for the same purpose. London, though populous, was not a large, sprawling city and a messenger system of communication could work pretty well.

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